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Prosperity Bancshares PB Acquisitions
Acquisitions at other companies
Other financials
Where this comes from
Reported directly by Prosperity Bancshares in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.
The source filing: Prosperity Bancshares’s 10-K, filed February 28, 2024.
- Filed
- Feb 28, 2024
- Fiscal year
- FY2023
- Accession
- 0000950170-24-022171
| Line item | For the Years Ended December 31, 2023 | For the Years Ended December 31, 2022 | For the Years Ended December 31, 2021 |
|---|---|---|---|
| Purchase of bank premises and equipment | (34,153) | (42,421) | (19,022) |
| Proceeds from sale of bank premises, equipment and other real estate | 15,375 | 10,074 | 24,178 |
| Proceeds from insurance claims | 13,604 | 5,778 | 6,781 |
| Net cash used in the purchase of First Bancshares of Texas, Inc. | (24,365) | — | — |
| Net cash provided by (used in) investing activities | 1,094,272 | (1,963,627) | (2,724,903) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Net (decrease) increase in noninterest-bearing deposits | (1,831,122) | 165,414 | 1,598,801 |
| Net (decrease) increase in interest-bearing deposits | (1,099,987) | (2,403,334) | 1,813,631 |
ITEM 16. FORM 10-K SUMMARY
FAQ
- What is Prosperity Bancshares's acquisitions?
- Prosperity Bancshares (PB) reported acquisitions of $6.09M in Q4 2023.
- What does acquisitions mean?
- Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.
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